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(b) above for the same reason. We will so inform Mr Heap.
(a) Our Legal Adviser has pointed out that not all the
companies listed are British companies per se: some are subsidiaries of British companies. There is no objection in
principle to their inclusion, but the position should be
clarified by the addition of a footnote to the list as
follows:
"Where a holding company qualifies under one of the six
categories, and the Committee is satisfied that the holding
company has effective control of a group of companies, such companies have also been defined as British".
Mr Heap will be advised accordingly.
6.
As soon as Ministers have approved the list, it will
need to go to the Governor for his consideration. Subject to the Governor's approval, the list would then be ready
for publication.
7. It is for consideration, however, whether publication of
the list should be held up:
(a) until after Lord Caithness' visit; and
(b)
until the remaining "difficult" companies have been
fully considered, so that those determined to be British
can be included in the same list.
The advantages of such a delay would be that press and
public interest would be minimised during the Minister's
visit to Hong Kong; and the eventual publication of the
single list would help to avoid focusing public attention on
the relatively controversial marginal companies. On the
other hand, it is important that publication of the list is
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